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Jane Wrote a Check for $10

question 62

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Jane wrote a check for $10.She wrote this check in a careless and negligent manner,making alteration easy.Ben altered this check to read $1,000.His alteration was crude and obvious to anyone paying attention.Ben cashed the check at Jane's bank.The bank was negligent in accepting this check,but it deducted $1,000 from Jane's account.Jane sued the bank,and the jury determined that Jane's negligence contributed to 50 percent of the loss and the bank's negligence contributed 50 percent.How much is Jane entitled to recover from her bank?


Definitions:

Warranty

A guarantee provided by a manufacturer or vendor regarding the condition of its product and a promise to repair or replace it within a specified time frame if it's found to be defective.

Maintenance Costs

The expenses involved in keeping equipment, facilities, or assets in working condition, including repairs and preventive measures.

Manufacturing-Based Definition

A viewpoint defining quality primarily as adherence to specifications and reducing variances from manufacturing processes.

Degree of Excellence

A measure of how well a product, service, or process meets predetermined standards of quality and customer expectation.

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